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Bitcoin ETF Inflows Hit $407 Million, Marking 16th Straight Day of Growth

  • Bitcoin ETFs saw a significant inflow of $407 million on July 2, marking the 16th straight day of growth.
  • Institutional demand for BTC ETFs is rising due to regulatory clarity, promoting the use of cryptocurrencies.
  • Top ETFs like IBIT, FBTC, and GBTC have seen substantial growth in assets and volumes, with IBIT leading in net assets.
  • The entire crypto market turned green, with Bitcoin trading at $108,903 and Ethereum gaining 5.74% to reach $2,575.

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